Nvidia (NVDA) is seeing the most negative institutional money flow among major chip stocks, with 20-day Chaikin Money Flow near -0.19, suggesting big investors are stepping back rather than buying the dip. According to BeInCrypto, the rotation appears to be moving into memory names such as Micron (MU), which posted record revenue of $41.46 billion and guided next-quarter sales near $50 billion.
BeInCrypto said NVDA is up about 2.6% so far in 2026 and down roughly 18% from its May peak; Nvidia director Mark Stevens sold about 1 million shares worth roughly $221 million in early June. It also cited Wells Fargo analyst Aaron Rakers cutting his target to $315 from $375 on June 1 while keeping a buy rating.